What’s your favorite Trading Mantra?
My Favorite:
“Keep Booking Profifs & keep withdrawing them &. keep spending them in real life on real things”
(If you are not making profits yet, comment here & tell me the main reason for your failures so far)
#Bitcoin#Crypto $BTC
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The mechanics of short squeezes 101:
1) When the market is majority short, there's too much money to be had to allow them to win.
2) Whales keep buying up the market until the shorts get liquidated.
3) At liquidation the short seller has to buy back at market price.
Stop waiting for "alt season". Most alts are never recovering. Interest is drying up so liquidity is leaving. After a long bear market, people de-risk & flock to value. 2017 isn't going to happen again where ever shitcoin with a whitepaper pumps. Markets evolve.
Fidelity is launching cryptocurrency trading service for institutional customers “within a few weeks," according to Bloomberg source.
https://t.co/0bvq9KMdNu
Market cycle study through sinewave suggests the following:
- Bull market are long as one full wave length: λ (peak to peak)
- Bear market lasts λ/2
- Accumulation lasts λ/2
Currently in accumulation phase.
Note:
Sinewave peaks overlap monthly macd histogram peaks
@MustStopMurad